WASHINGTON, D.C. (RFD-TV) — As the year winds down, many farmers are taking a close look at their balance sheets and cash-flow records to prepare for tax season and make smart decisions about input purchases for the year ahead. With 2026 operating line of credit applications underway, financial planning is top of mind across the countryside.
Joe Peiffer with Ag & Business Legal Strategies joined us on Monday’s Market Day Report to offer timely end-of-year guidance.
In his interview with RFD-TV News, Peiffer outlined the key records and materials farmers need to have updated before applying for their 2026 operating line of credit. He also discussed some of the most common mistakes producers make during the application process and how avoiding those pitfalls can improve their chances of approval.
Peiffer addressed the frequent end-of-year rush to purchase equipment in hopes of claiming capital expenses on spring tax returns. He shared several important factors farmers should weigh when deciding whether to buy now or hold off until next year. He also explained how a producer’s current debt load should influence that decision.
Finally, Peiffer cautioned farmers to think carefully before making a purchase they are only “mostly sure” they need before the end of the year, highlighting why the perceived tax advantage may not outweigh long-term financial considerations.
Chad Rezniek with the Colorado AgrAbility Project joined us as part of National Farm Safety and Health Week to discuss the growing need for behavioral health support in rural communities.
September 26, 2025 02:24 PM
·
Farm CPA Paul Neiffer joined us on Friday’s
Market Day Report to break down what this extension means for affected ranchers.
September 26, 2025 02:03 PM
·
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
September 26, 2025 01:36 PM
·
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
·
The ag machinery leader is betting that, by throwing the weight of their established brand behind this cutting-edge technology, more producers will be motivated to adopt it sooner rather than later.
September 25, 2025 03:30 PM
Waiting could risk leaving next year’s crop unprotected.
September 25, 2025 01:55 PM
·
Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
September 25, 2025 01:46 PM
·
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
September 25, 2025 01:07 PM
·
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.
September 25, 2025 12:02 PM
·
